Swiss private bank makes senior appointments

Swiss private bank Clariden Leu appoints two senior officials to its executive Board.

Clariden Leu, the Geneva-based bank, which is owned by Credit Suisse, has hired Erich Pfister as the new head of the Middle East & Asia division, and Holger Demuth as the new Chief Risk Officer, both effective November 17, 2008.

Pfister is a very experienced private banker, having worked for many years in client relationship management and in executive functions. One of his roles in Credit Suisse was as head of the Asia Desk in Switzerland.

Demuth has over 20 years’ experience in international banking, for the last three years, he was Global Head of Risk Management in the Asset Management division of Credit Suisse. For further details visit thewealthnet